Andhra Pradesh Minor Mineral Concession Rules,1966- Amendments

Andhra Pradesh Minor Mineral Concession Rules,1966- Amendments The Government of Andhra Pradesh vide GO- MS No-13 dated 14.03.2022 has notified amendments in the Andhra Pradesh Minor mineral Concession Rules, 1966. The existing Rules 4, 7, 9, 10, 11, 12, 14, 15, 16, 18, 19, 28, 31 & 33 of the AP Minor Mineral Concession Rules, 1966 are affected by these amendments. Saliant points of these amendments are as under: §     Mining plan period shall commence from the date of execution of lease deed §     The financial year in which the lease deed is executed shall be considered as 1 st year §     The Quarry Lease (QL) to be granted through E-Auction after 14.03.2022. §     For grant of QL in Forest and Patta (Private) Land, the granting authority is Dy Director Mines and Geology. §   In the case of mineral bearing areas considered for grant of quarry lease other than through e-auction, the Director shall take decision to grant area. §     Bidder to offer premium for grant o
  INDUSTRIES AND PARIS AGREEMENT - Rajesh Deoliya 05062021                                    Recently, due to the pressure of the stake holders the two directors of EXXON Mobil were replaced on the ground that the company is not addressing the Climate Change Concerns. After the Paris Agreement,2015, there is pressure on the governments and industries to reduce their carbon emissions so that the earth’s rising temperature trends can be reversed and temperature can be reduced to 2 degree by year 2050 and green house gas emission can be reduced. India, China, US and Russia are the leading contributors to the world’s carbon emission. The China’s contribution is approximately 26 %, United States 13 %, India 7 % and Russia is 4 %. This means that out of the 197 countries who pledged to reduce the emissions, the share of these four countries towards the greenhouse gas emission is about 50 percent. In the Paris Agreement pledge, India has committed to reduce

Mineral Price Index: A Pragmatic Step for Mineral Development in India

  -         Rajesh Deoliya [] An Index is indication of a value and performance of an asset and commodity with reference to certain predefined parameters. Index gives idea of behavior of specified commodity or asset in the time and space and help in quick and rational decision making. Index also help in planning purposes in the production schedule of minerals where grade and mineral conservation is prime concern in-turn it also helps in sustainable mining. Therefore, when government of India recently introduced National Coal Index (NCI), it is considered as a pragmatic step to help coal miners and government to decide the coal block bidding parameters. Now there is proposal for National Mineral Index. The National Mineral Policy, 2008 and 2019, says that “the approach shall be to make available mineral based material to domestic users at reasonable prices as determined by market forces”, and further states that “prices should reflect their value … ". T

2G Spectrum- Reason for Mineral Auction in India

                                                                                                                                          -         Rajesh Deoliya [] THE grant of licenses for business always invite questions of transparency and related litigation to delay the purpose for which it was granted. The 2G spectrum case has dealt the methods of grant of licenses in detail and preferred auction as better mean for allocation of natural resources. In doing so, the apex court analyzed the a) the doctrine of public property, b) First – cum- First – Serve method of grant and c) auction method for grant of natural resources. Interestingly, use of word "auction" surfaced first time in the recommendation of Telecom Authority of India (TRAI) in year 2007 though it was not preferred over the First-Cum-First Serve criteria for allocation of spectrum. This decision of central government created uproar and brought drastic changes in grant of licenses in